News headlines about CorEnergy Infrastructure Trust (NYSE:CORR) have trended positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CorEnergy Infrastructure Trust earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave news stories about the asset manager an impact score of 46.1450590952936 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s analysis:

Shares of CorEnergy Infrastructure Trust (NYSE CORR) traded down 3.76% during mid-day trading on Friday, reaching $34.00. The company had a trading volume of 127,327 shares. The stock’s 50-day moving average price is $34.72 and its 200 day moving average price is $34.93. The company has a market capitalization of $404.67 million, a PE ratio of 14.06 and a beta of 2.06. CorEnergy Infrastructure Trust has a 1-year low of $23.21 and a 1-year high of $37.25.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 17th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 8.82%. The ex-dividend date of this dividend is Tuesday, August 15th. CorEnergy Infrastructure Trust’s payout ratio is 124.48%.

A number of research analysts recently weighed in on CORR shares. Zacks Investment Research lowered shares of CorEnergy Infrastructure Trust from a “buy” rating to a “hold” rating in a report on Monday, May 8th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $37.00 target price (up from $30.00) on shares of CorEnergy Infrastructure Trust in a report on Wednesday, May 17th. Bank of America Corporation lowered shares of CorEnergy Infrastructure Trust from a “neutral” rating to an “underperform” rating and set a $35.00 target price for the company. in a report on Monday, June 26th. ValuEngine lowered shares of CorEnergy Infrastructure Trust from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 27th. Finally, BidaskClub raised shares of CorEnergy Infrastructure Trust from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. CorEnergy Infrastructure Trust has a consensus rating of “Hold” and a consensus target price of $35.60.

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In other news, CEO David J. Schulte purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The stock was purchased at an average cost of $32.89 per share, for a total transaction of $32,890.00. Following the completion of the transaction, the chief executive officer now owns 21,010 shares of the company’s stock, valued at $691,018.90. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.99% of the stock is currently owned by insiders.

CorEnergy Infrastructure Trust Company Profile

CorEnergy Infrastructure Trust, Inc (CorEnergy) is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets.

Insider Buying and Selling by Quarter for CorEnergy Infrastructure Trust (NYSE:CORR)

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